Suncor Energy (SU -0.6%) may make its C$11.6B Voyageur oil sands project the first major...

Suncor Energy (SU-0.6%) may make its C$11.6B Voyageur oil sands project the first major spending reduction among Alberta energy producers, as cutting production costs is one of the few options available while the region’s crude prices sink to the lowest in the world. The revolution in U.S. production and the gridlock in pipeline approval is "a train wreck" for Canadian producers, an analyst says.

Risky to predict politics. Is Obama holding Texas refineries hostage to a larger issue? Who knows? One thing is sure: Obama is POTUS, not Dubya, and even the Kochs have begun to realize this. Next: the Congressional Texans. You can't secede, fellas, so you'll have to deal.

Maybe Obama has been holding Texas hostage. He's POTUS now, not Dubya, and even the Kochs have finally figured that out. Texas can't secede, so they will have to deal. After Obama gets what he wants, the XL will go forward.

If it's one thing I know about US politics, "Big Oil" effectively controls the US Government, along with "Big Banks", "Big Defense", and "Big Pharma". Forget partisan politics - Both US parties bow to the same Big Corporate Masters. It would be in the interest of US "Big Oil" to keep Canadian oil out so as to maintain a market for their own emerging oil production.